The latest data show India’s consumer price inflation fell to a five-month low of 6.71% in July. Despite the numbers indicating a cool-off, consumer inflation has been above RBI’s tolerance band and medium-term target for 34 straight months.
Markets poised for a relief rally amid India-Pak ceasefire
Following a weekend announcement of a “pause” in hostilities with Pakistan, Indian equity indices are set for a relief rally. Concerns of a full-scale conflict